Bank of America Corp (BAC) 18.08 $BAC
Jim Cramer's 'Mad Money' Recap: Seeing a Double Standard in Market Valuations
at The Street - 2 hrs 59 mins ago
Cramer says Apple is in a tug of war between the bull and bears, and the bears seem to be winning.
RH: 102.83 (-0.29), BLK: 351.82 (-1.28), UTX: 102.71 (-7.77), C: 59.10 (+0.25), RTH: 78.09 (-0.33), YRCW: 13.32 (+0.42), UPS: 97.96 (+0.37), YHOO: 39.73 (+0.19), INSY: 42.03 (+0.06), JPM: 69.10 (-0.16), IBM: 163.07 (-10.15), CMG: 673.07 (-4.93), AAPL: 130.75 (-1.32), MBLY: 60.57 (-0.48), AMBA: 118.18 (+0.46), GPRO: 62.04 (+1.24), WLL: 25.29 (+0.23), BAC: 18.08 (-0.04), WFC: 57.95 (-0.10), TIF: 93.90 (-0.10), MS: 40.08 (+0.04), NFLX: 112.51 (+1.96), AA: 10.23 (+0.03), GS: 211.50 (-0.89), JWN: 78.28 (-0.62), CVX: 93.90 (+0.96)
Business Highlights
By The Associated Press - AP - Tue Jul 21, 5:00PM CDT
___
JPM: 69.10 (-0.16), PFE: 35.14 (-0.10), C: 59.10 (+0.25), AMGN: 163.70 (-0.64), BAC: 18.08 (-0.04)
The Chart that Changed My Mind About Bank of America
John Maxfield, The Motley Fool - Motley Fool - Tue Jul 21, 4:08PM CDT
Over the last few years, I haven't been optimistic about Bank of America 's long-term success. But all of this changed when I looked into the bank's dramatic turnaround in the mid-1980s. Thanks to double-digit inflation, a debt crisis...
BAC: 18.08 (-0.04)
JPMorgan, Goldman Sachs Prepped for the Pain of Volcker Rule
at The Street - Tue Jul 21, 2:24PM CDT
The Volcker Rule limiting proprietary trading at U.S. banks took effect on Tuesday. Rather than bar specific transactions, it tries to limit fallout on taxpayers, said former Congressman Barney Frank.
GS: 211.50 (-0.89), JPM: 69.10 (-0.16), BAC: 18.08 (-0.04), MS: 40.08 (+0.04)
Regions Reports Q2 Earnings as Expected, Revenues Climb - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Jul 21, 1:45PM CDT
Regions Financial Corporation's (RF) second-quarter 2015 earnings from continuing operations came in at 20 cents per share, in line with the Zacks Consensus Estimate. Moreover, results compared unfavorably with the prior-year quarter earnings of 21 cents per share.
RF: 10.41 (+0.21), JPM: 69.10 (-0.16), BAC: 18.08 (-0.04), WFC: 57.95 (-0.10)
Bank of America’s Breakout Quarter
Kristine Harjes and John Maxfield, The Motley Fool - Motley Fool - Tue Jul 21, 1:19PM CDT
Since the recession, the banking industry has pressed on to find its footing. With Bank of America at the center of the legal universe the outlook was bleak for righting the ship. As quarterly earnings reports continue to trickle in, it appears...
BAC: 18.08 (-0.04)
Citi to refund $700 million for deceptive card practices
By KEN SWEET - AP - Tue Jul 21, 5:30PM CDT
NEW YORK (AP) — Citigroup will refund $700 million to consumers and will pay $70 million in fines for illegal and deceptive credit card practices, the bank and federal regulators said Tuesday.
JPM: 69.10 (-0.16), C: 59.10 (+0.25), BAC: 18.08 (-0.04)
Banks for the Tech-Savvy Eliminate Everything But the Mobile App
at The Street - Tue Jul 21, 11:30AM CDT
App-only banks still have to convince prospective customers that their money is just as safe -- and just as real -- as it would be in a vault.
GS: 211.50 (-0.89), JPM: 69.10 (-0.16), C: 59.10 (+0.25), WFC: 57.95 (-0.10), BAC: 18.08 (-0.04)
Next Support Level for Bank of America (BAC) is $17.99
Comtex SmarTrend(R) - Tue Jul 21, 11:05AM CDT
Shares of Bank of America (NYSE:BAC) have bearishly opened below the pivot of $18.14 today and have reached the first support level of $18.06. Should the shares continue to fall, the support pivots of $17.99 and $17.84 will be of interest.
BAC: 18.08 (-0.04)
EnerCom, Inc. to Host 100+ E&P, Oilfield Service and MLP Companies at The Oil & Gas Conference(R) 20; Conference Dates Are August 16-20, 2015
Marketwired - Tue Jul 21, 11:00AM CDT
EnerCom, Inc. will host The Oil & Gas Conference(R) 20, August 16-20, 2015, in Denver at the Westin Denver Downtown. The Conference is the oldest and largest energy investment conference hosted in Denver. Investment and oil and gas professionals interested in attending the event can register through the conference website.
USB: 45.74 (-0.10), BAC: 18.08 (-0.04)
Fifth Third Posts In-Line Earnings, Revenues Down Y/Y - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Jul 21, 9:50AM CDT
Fifth Third Bancorp's (FITB) second-quarter 2015 earnings per share came in at 36 cents, in line with the Zacks Consensus Estimate.
FITB: 21.52 (+0.24), JPM: 69.10 (-0.16), BAC: 18.08 (-0.04), WFC: 57.95 (-0.10)
The Best Deals in Value Stocks
Sean Williams, The Motley Fool - Motley Fool - Tue Jul 21, 8:04AM CDT
Source: Federal Reserve Bank of New York via Facebook Investors may have suffered through the worst case of stock market "indigestion" in multiple generations between 2007 and 2009, but the subsequent bull market has produced some of the most...
F: 14.51 (-0.06), IBM: 163.07 (-10.15), GILD: 117.78 (-0.42), BAC: 18.08 (-0.04), AAPL: 130.75 (-1.32)
Bullish Banking Earnings Drive Up These ETFs - ETF News And Commentary
Zacks Equity Research - Zacks Investment Research - Tue Jul 21, 6:30AM CDT
A great start to the earnings season put these financial ETFs in focus.
GS: 211.50 (-0.89), VFH: 51.47 (-0.09), JPM: 69.10 (-0.16), KBWB: 40.96 (+0.01), C: 59.10 (+0.25), BAC: 18.08 (-0.04), WFC: 57.95 (-0.10), IYG: 97.41 (-0.15), XLF: 25.39 (-0.03), MS: 40.08 (+0.04)
Top Credit Cards of 2015
Matthew Frankel, The Motley Fool - Motley Fool - Tue Jul 21, 5:04AM CDT
It is difficult to list the best all-around credit cards, because different consumers prefer different benefits. Some credit cards have excellent introductory interest rate offers, some are great for balance transfers, and some have the opportunity...
JPM: 69.10 (-0.16), COF: 91.71 (+0.27), AXP: 78.95 (-0.35), DAL: 44.65 (+0.56), C: 59.10 (+0.25), FICO: 93.67 (-1.26), BAC: 18.08 (-0.04), HOT: 84.24 (-0.55)
Morgan Stanley Q2 trading up
at Investor's Business Daily - Mon Jul 20, 5:40PM CDT
The N.Y.-based lender's Q2 EPS excluding items was 79 cents, beating views by 5 cents. Excluding accounting adjustments, revenue rose 12.2% to $9.6 bil, beating estimates of $9.1 bil. Trading revenue rose 32.4% to $3.5 bil. Fixed income and...
GS: 211.50 (-0.89), JPM: 69.10 (-0.16), C: 59.10 (+0.25), BAC: 18.08 (-0.04)
JPMorgan Hit Hardest Under Fed's $200 Billion Crisis-Prevention Plan
at The Street - Mon Jul 20, 5:30PM CDT
JPMorgan Chase will have to set aside the most capital reserves, about $66 billion, under a new Federal Reserve rule designed to help safeguard against another financial crisis.
STT: 79.95 (+0.15), GS: 211.50 (-0.89), JPM: 69.10 (-0.16), C: 59.10 (+0.25), WFC: 57.95 (-0.10), BAC: 18.08 (-0.04), BK: 44.15 (+1.17), MS: 40.08 (+0.04)
Fed directs 8 biggest US banks to hold extra capital
By MARCY GORDON - AP - Mon Jul 20, 3:11PM CDT
WASHINGTON (AP) — Federal regulators are directing the eight biggest U.S. banks to hold capital at levels above industry requirements to cushion against unexpected losses and reduce the chances of future taxpayer bailouts.
1 Comment
GE: 26.85 (-0.29), JPM: 69.10 (-0.16), C: 59.10 (+0.25), WFC: 57.95 (-0.10), BAC: 18.08 (-0.04), MS: 40.08 (+0.04)
Fed OKs $200 Bil Capital Cushion At Top 8 Banks
at Investor's Business Daily - Mon Jul 20, 2:35PM CDT
The Federal Reserve Board on Monday approved a final rule directing JPMorgan Chase (JPM) and seven other large U.S. banks to hold more equity capital at higher than current industry requirements. The move is designed to create a cushion against...
STT: 79.95 (+0.15), GS: 211.50 (-0.89), JPM: 69.10 (-0.16), C: 59.10 (+0.25), WFC: 57.95 (-0.10), BAC: 18.08 (-0.04), BK: 44.15 (+1.17), MS: 40.08 (+0.04)
Jim Cramer's 'Mad Money' Recap: Seeing a Double Standard in Market Valuations
at The Street - 2 hrs 59 mins ago
Cramer says Apple is in a tug of war between the bull and bears, and the bears seem to be winning.
RH: 102.83 (-0.29), BLK: 351.82 (-1.28), UTX: 102.71 (-7.77), C: 59.10 (+0.25), RTH: 78.09 (-0.33), YRCW: 13.32 (+0.42), UPS: 97.96 (+0.37), YHOO: 39.73 (+0.19), INSY: 42.03 (+0.06), JPM: 69.10 (-0.16), IBM: 163.07 (-10.15), CMG: 673.07 (-4.93), AAPL: 130.75 (-1.32), MBLY: 60.57 (-0.48), AMBA: 118.18 (+0.46), GPRO: 62.04 (+1.24), WLL: 25.29 (+0.23), BAC: 18.08 (-0.04), WFC: 57.95 (-0.10), TIF: 93.90 (-0.10), MS: 40.08 (+0.04), NFLX: 112.51 (+1.96), AA: 10.23 (+0.03), GS: 211.50 (-0.89), JWN: 78.28 (-0.62), CVX: 93.90 (+0.96)
Business Highlights
By The Associated Press - AP - Tue Jul 21, 5:00PM CDT
___
JPM: 69.10 (-0.16), PFE: 35.14 (-0.10), C: 59.10 (+0.25), AMGN: 163.70 (-0.64), BAC: 18.08 (-0.04)
The Chart that Changed My Mind About Bank of America
John Maxfield, The Motley Fool - Motley Fool - Tue Jul 21, 4:08PM CDT
Over the last few years, I haven't been optimistic about Bank of America 's long-term success. But all of this changed when I looked into the bank's dramatic turnaround in the mid-1980s. Thanks to double-digit inflation, a debt crisis...
BAC: 18.08 (-0.04)
JPMorgan, Goldman Sachs Prepped for the Pain of Volcker Rule
at The Street - Tue Jul 21, 2:24PM CDT
The Volcker Rule limiting proprietary trading at U.S. banks took effect on Tuesday. Rather than bar specific transactions, it tries to limit fallout on taxpayers, said former Congressman Barney Frank.
GS: 211.50 (-0.89), JPM: 69.10 (-0.16), BAC: 18.08 (-0.04), MS: 40.08 (+0.04)
Regions Reports Q2 Earnings as Expected, Revenues Climb - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Jul 21, 1:45PM CDT
Regions Financial Corporation's (RF) second-quarter 2015 earnings from continuing operations came in at 20 cents per share, in line with the Zacks Consensus Estimate. Moreover, results compared unfavorably with the prior-year quarter earnings of 21 cents per share.
RF: 10.41 (+0.21), JPM: 69.10 (-0.16), BAC: 18.08 (-0.04), WFC: 57.95 (-0.10)
Bank of America’s Breakout Quarter
Kristine Harjes and John Maxfield, The Motley Fool - Motley Fool - Tue Jul 21, 1:19PM CDT
Since the recession, the banking industry has pressed on to find its footing. With Bank of America at the center of the legal universe the outlook was bleak for righting the ship. As quarterly earnings reports continue to trickle in, it appears...
BAC: 18.08 (-0.04)
Citi to refund $700 million for deceptive card practices
By KEN SWEET - AP - Tue Jul 21, 5:30PM CDT
NEW YORK (AP) — Citigroup will refund $700 million to consumers and will pay $70 million in fines for illegal and deceptive credit card practices, the bank and federal regulators said Tuesday.
JPM: 69.10 (-0.16), C: 59.10 (+0.25), BAC: 18.08 (-0.04)
Banks for the Tech-Savvy Eliminate Everything But the Mobile App
at The Street - Tue Jul 21, 11:30AM CDT
App-only banks still have to convince prospective customers that their money is just as safe -- and just as real -- as it would be in a vault.
GS: 211.50 (-0.89), JPM: 69.10 (-0.16), C: 59.10 (+0.25), WFC: 57.95 (-0.10), BAC: 18.08 (-0.04)
Next Support Level for Bank of America (BAC) is $17.99
Comtex SmarTrend(R) - Tue Jul 21, 11:05AM CDT
Shares of Bank of America (NYSE:BAC) have bearishly opened below the pivot of $18.14 today and have reached the first support level of $18.06. Should the shares continue to fall, the support pivots of $17.99 and $17.84 will be of interest.
BAC: 18.08 (-0.04)
EnerCom, Inc. to Host 100+ E&P, Oilfield Service and MLP Companies at The Oil & Gas Conference(R) 20; Conference Dates Are August 16-20, 2015
Marketwired - Tue Jul 21, 11:00AM CDT
EnerCom, Inc. will host The Oil & Gas Conference(R) 20, August 16-20, 2015, in Denver at the Westin Denver Downtown. The Conference is the oldest and largest energy investment conference hosted in Denver. Investment and oil and gas professionals interested in attending the event can register through the conference website.
USB: 45.74 (-0.10), BAC: 18.08 (-0.04)
Fifth Third Posts In-Line Earnings, Revenues Down Y/Y - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Jul 21, 9:50AM CDT
Fifth Third Bancorp's (FITB) second-quarter 2015 earnings per share came in at 36 cents, in line with the Zacks Consensus Estimate.
FITB: 21.52 (+0.24), JPM: 69.10 (-0.16), BAC: 18.08 (-0.04), WFC: 57.95 (-0.10)
The Best Deals in Value Stocks
Sean Williams, The Motley Fool - Motley Fool - Tue Jul 21, 8:04AM CDT
Source: Federal Reserve Bank of New York via Facebook Investors may have suffered through the worst case of stock market "indigestion" in multiple generations between 2007 and 2009, but the subsequent bull market has produced some of the most...
F: 14.51 (-0.06), IBM: 163.07 (-10.15), GILD: 117.78 (-0.42), BAC: 18.08 (-0.04), AAPL: 130.75 (-1.32)
Bullish Banking Earnings Drive Up These ETFs - ETF News And Commentary
Zacks Equity Research - Zacks Investment Research - Tue Jul 21, 6:30AM CDT
A great start to the earnings season put these financial ETFs in focus.
GS: 211.50 (-0.89), VFH: 51.47 (-0.09), JPM: 69.10 (-0.16), KBWB: 40.96 (+0.01), C: 59.10 (+0.25), BAC: 18.08 (-0.04), WFC: 57.95 (-0.10), IYG: 97.41 (-0.15), XLF: 25.39 (-0.03), MS: 40.08 (+0.04)
Top Credit Cards of 2015
Matthew Frankel, The Motley Fool - Motley Fool - Tue Jul 21, 5:04AM CDT
It is difficult to list the best all-around credit cards, because different consumers prefer different benefits. Some credit cards have excellent introductory interest rate offers, some are great for balance transfers, and some have the opportunity...
JPM: 69.10 (-0.16), COF: 91.71 (+0.27), AXP: 78.95 (-0.35), DAL: 44.65 (+0.56), C: 59.10 (+0.25), FICO: 93.67 (-1.26), BAC: 18.08 (-0.04), HOT: 84.24 (-0.55)
Morgan Stanley Q2 trading up
at Investor's Business Daily - Mon Jul 20, 5:40PM CDT
The N.Y.-based lender's Q2 EPS excluding items was 79 cents, beating views by 5 cents. Excluding accounting adjustments, revenue rose 12.2% to $9.6 bil, beating estimates of $9.1 bil. Trading revenue rose 32.4% to $3.5 bil. Fixed income and...
GS: 211.50 (-0.89), JPM: 69.10 (-0.16), C: 59.10 (+0.25), BAC: 18.08 (-0.04)
JPMorgan Hit Hardest Under Fed's $200 Billion Crisis-Prevention Plan
at The Street - Mon Jul 20, 5:30PM CDT
JPMorgan Chase will have to set aside the most capital reserves, about $66 billion, under a new Federal Reserve rule designed to help safeguard against another financial crisis.
STT: 79.95 (+0.15), GS: 211.50 (-0.89), JPM: 69.10 (-0.16), C: 59.10 (+0.25), WFC: 57.95 (-0.10), BAC: 18.08 (-0.04), BK: 44.15 (+1.17), MS: 40.08 (+0.04)
Fed directs 8 biggest US banks to hold extra capital
By MARCY GORDON - AP - Mon Jul 20, 3:11PM CDT
WASHINGTON (AP) — Federal regulators are directing the eight biggest U.S. banks to hold capital at levels above industry requirements to cushion against unexpected losses and reduce the chances of future taxpayer bailouts.
1 Comment
GE: 26.85 (-0.29), JPM: 69.10 (-0.16), C: 59.10 (+0.25), WFC: 57.95 (-0.10), BAC: 18.08 (-0.04), MS: 40.08 (+0.04)
Fed OKs $200 Bil Capital Cushion At Top 8 Banks
at Investor's Business Daily - Mon Jul 20, 2:35PM CDT
The Federal Reserve Board on Monday approved a final rule directing JPMorgan Chase (JPM) and seven other large U.S. banks to hold more equity capital at higher than current industry requirements. The move is designed to create a cushion against...
STT: 79.95 (+0.15), GS: 211.50 (-0.89), JPM: 69.10 (-0.16), C: 59.10 (+0.25), WFC: 57.95 (-0.10), BAC: 18.08 (-0.04), BK: 44.15 (+1.17), MS: 40.08 (+0.04)
